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hours to go before we go over the fiscal cliff. a top lawmaker reporting progress in the last-ditch efforts to hammer out a deal in time. a health crisis lands secretary of state hillary clinton in the hospital, what doctors are telling us about her condition. plus, iran test firing a new range of weapons right near the strait of hormuz where a chunk of oil passes each day. the impact on the middle east and on our world, it's all "happening now." >> reporter: there is a note of optimism in the race to avoid the fiscal cliff. hello, everybody, i'm uma pemmaraju in for jenna lee today. jon: good to have you here. optimism is always a good thing in washington. that is in short supply. ringing in 2013 at midnight tonight could mean ringing in more than half a trillion dollars in tax hikes and a hundred billion dollars worth of spending cuts from defense and other key domestic programs, that is if no deal is reached in time to avert it. both the house and senate with rare new year's eve sessions today as they try to hammer out some sort
hours to go before we go over the fiscal cliff. a top lawmaker reporting progress in the last-ditch efforts to hammer out a deal in time. a health crisis lands secretary of state hillary clinton in the hospital, what doctors are telling us about her condition. plus, iran test firing a new range of weapons right near the strait of hormuz where a chunk of oil passes each day. the impact on the middle east and on our world, it's all "happening now." >> reporter: there is a note of...
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Dec 29, 2012
12/12
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so congressional leaders can focus on work on the fiscal cliff. some of the buzz around washington has been, if you look at what could possibly pass the house and sena, you're loing at perhaps an income threshold of about four to $500,000 a year, maybe less, to prevent those taxpayers, those amounts from having to pay additional taxes or watching their taxes go up. some of the other proposals on employment insurance. the doc fix, preventing doctors from getting a massive pay cut at the end of the year. right now congressional leaders will try to cobble something tother with democratic and republican votes that can pass both the house and senate. the next 24 hours on this one, adam, very critic. adam: rich, if it is just taxes and extension of unemployment benefits where do they get money to pay for unemployment benefits? we're about to hit the debt ceiling and will have 110 billion in spending cuts come january 1? >> that is what makes this difficult. if the debt ceiling is part of this and there are no spending cuts this will not pass the house.
so congressional leaders can focus on work on the fiscal cliff. some of the buzz around washington has been, if you look at what could possibly pass the house and sena, you're loing at perhaps an income threshold of about four to $500,000 a year, maybe less, to prevent those taxpayers, those amounts from having to pay additional taxes or watching their taxes go up. some of the other proposals on employment insurance. the doc fix, preventing doctors from getting a massive pay cut at the end of...
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fiscal cliff. island as soon as the six month presidency of the e.u. facing a wide range of issues from a challenging european agenda with zone ailing finances. and the scene with a new around the globe we digest the highlights at twenty twelve and look at the headlines that could have been if things are different. hello there very good to have you company it's kevin over here at the new center just after one am moscow time now on our top story than the smalling a last minute deal on the american fiscal cliff was passed by the senate in the final hours before the deadline but now as they go to the house of representatives the original deal agreed to raise taxes on americans making more than four hundred fifty thousand dollars per year but the house's perspective on the voting definitely calling for more spending cuts let's talk to lawrence freeman he's editor of the executive review magazine is joining us on the line from maryland now to give us a bit more analysis of what's going on here hi lawren
fiscal cliff. island as soon as the six month presidency of the e.u. facing a wide range of issues from a challenging european agenda with zone ailing finances. and the scene with a new around the globe we digest the highlights at twenty twelve and look at the headlines that could have been if things are different. hello there very good to have you company it's kevin over here at the new center just after one am moscow time now on our top story than the smalling a last minute deal on the...
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lawmakers in the house just finished a meeting about what else, the fiscal cliff. peter barnes is at the white house with the latest. peter, do you know, was this a meeting of the hous or was this a meeting of lawmakers from the senate? >> there have been meetings of both going on, adam, on the republican side. most importantly the senate republicans have been meeting and the house republicans have been meeting and we have just learned that the house republicans do not plan any vote tonight. they are going to go back into session now tomorrow, new year's day at noon, to await something from the senate. and so far over on the senate there is no vote scheduled tonight for this framework deal between the president and mitch mcconnell. adam: okay i'm going to quote that old tv show, danger, will robinson, danger, will robinson. >> "lost in space". adam: "lost in space which a lot of people think our political class is. simmons uttered a question that 310 million americans want to ask congress. what the --. what are you doing? we're growing off the cliff. they're is a d
lawmakers in the house just finished a meeting about what else, the fiscal cliff. peter barnes is at the white house with the latest. peter, do you know, was this a meeting of the hous or was this a meeting of lawmakers from the senate? >> there have been meetings of both going on, adam, on the republican side. most importantly the senate republicans have been meeting and the house republicans have been meeting and we have just learned that the house republicans do not plan any vote...
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cliff deadline and into new year's day. still lots of to be worked out. a lot of uncertainty, diane. >> less ttan 24 hours before the markets open and still no deal. rich, we appreciate you keeping track of this. especially with the meeting coming up at 5:15. thanks so much. >> thanks, diane. >> that is the latest everybody, on the negotiations with washington. we'll be back at top of the hour or we'll break in anytime we get more news. fox business will be live tomorrow morning 5:00 a.m. for special coverage as markets react to all of this. i'm diane macedo. we'll return now to our regular programing. >> this has been a fox business special report. we now return you to your regularly scheduled programing. >> the ceo and the senior management with the interest of the shareholder and i don't think anybody objects to paying ceos or coos a good dollars if the company is successful. what they object to is sweetheart packages, if the company doesn't do well and the senior management still does well. and that doesn't happen at ki
cliff deadline and into new year's day. still lots of to be worked out. a lot of uncertainty, diane. >> less ttan 24 hours before the markets open and still no deal. rich, we appreciate you keeping track of this. especially with the meeting coming up at 5:15. thanks so much. >> thanks, diane. >> that is the latest everybody, on the negotiations with washington. we'll be back at top of the hour or we'll break in anytime we get more news. fox business will be live tomorrow...
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an eleventh hour deal looks like it might fall through putting america back on the edge of the fiscal cliff. island assumes the six month presidency of the e.u. facing a wide range of issues from a challenging european agenda to its own ailing finances. and its in it with the new around the globe we digest the highlights of two thousand and twelve and look at the headlines that could have been if things had turned out just a bit differently. and live from our studios in moscow this is our t.v. glad to have you with us a last minute deal on the american a fiscal cliff was passed by the senate in the final hours before the deadline but has to go before the house of representatives the original deal agreed to raise taxes on americans making more than four hundred fifty thousand dollars per year but the house has postponed the vote indefinitely calling for more spending cuts lawrence freeman editor at the executive intelligence review magazine says nothing can save the u.s. economy from crashing over the fiscal cliff. and anyway so operating in a unique relationship in a farce to work ove
an eleventh hour deal looks like it might fall through putting america back on the edge of the fiscal cliff. island assumes the six month presidency of the e.u. facing a wide range of issues from a challenging european agenda to its own ailing finances. and its in it with the new around the globe we digest the highlights of two thousand and twelve and look at the headlines that could have been if things had turned out just a bit differently. and live from our studios in moscow this is our t.v....
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an eleventh hour deal looks like it might fall through putting america back on the edge of the fiscal cliff. and it's in with the new around the globe we digest the highlights of two thousand and twelve and look at the headlines that could have been if things had turned out differently. in broadcasting live from our studios in moscow this is r t certainly glad to have you with us. just over two years ago ireland was bankrupt and being bailed out to rescue its failed economy on top of that it's a now the country's turn to take on the next six month presidency of the european council as laura smith reports the celtic tiger has some hard graft ahead of it. it's all changed by the e.u. presidency as takes a six month rotating challenge on the first of january not the ovi choice islands one of the pegs the countries that have the nice stable economies in europe and showed off islands the first country to take hold in the presidency of the twenty seven nation while being propped up by a new i.m.f. money so for the next six months the e.u. and its a german problems will be presided over by o
an eleventh hour deal looks like it might fall through putting america back on the edge of the fiscal cliff. and it's in with the new around the globe we digest the highlights of two thousand and twelve and look at the headlines that could have been if things had turned out differently. in broadcasting live from our studios in moscow this is r t certainly glad to have you with us. just over two years ago ireland was bankrupt and being bailed out to rescue its failed economy on top of that it's...
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is sliding ever closer to what has become known as the fiscal cliff with barack obama hosting another last minute emergency meeting on today for weeks the republicans and democrats have been trying to reach a deal on how to reduce the national deficit if they don't billions of dollars in tax hikes and spending cuts automatically come into effect on january the first activist and journalist says it's not the deadlock that bothers him but what has already been agreed upon. the real problem in my eyes is not the fact that they can't reach an agreement but rather that they have reached an agreement on many fundamental things the grievance they have reached is that neither of them are going to advocate to put more money in the hands of working people they have no problem whatsoever removing a trillion dollars or two trillion dollars from the economy and delivering it to the bankers they did that inside of twenty days back in two thousand and eight and again in two thousand and nine with very little discussion. everyone agrees on both sides of the aisle that sums sort of reduction in benefi
is sliding ever closer to what has become known as the fiscal cliff with barack obama hosting another last minute emergency meeting on today for weeks the republicans and democrats have been trying to reach a deal on how to reduce the national deficit if they don't billions of dollars in tax hikes and spending cuts automatically come into effect on january the first activist and journalist says it's not the deadlock that bothers him but what has already been agreed upon. the real problem in my...
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Dec 30, 2012
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tomorrow, tune in for a specialal two-hour fox report as the fiscal cliff deadline nears on the eve of the last stock market day of theae year. we will be all over it with deadlines and they are trying to get a vote, something together. "huckabee" starts now. >> this week on the journal editorial report. a look back at the year that was and what is ahead for 2013. 2012 was a tough year for conservatives on the national level, but in the states, some hopeful signs of reform, and looking forward, is the economy headed for rebound orie session? will the new year bring a with iran? our panel is here with their prediction. >>> welcome to this special edition of "the journal editorial report" as we look back at the year that was and the challenges that face us in 2013. first to our stories of 2012 and america's left turn from the supreme court's landmark health care decision to the re-election of president barack obama, politics on the national level headed in a decidedly liberal direction. so what happened? and what does it mean for the country going forward? joining the panel this week, "w
tomorrow, tune in for a specialal two-hour fox report as the fiscal cliff deadline nears on the eve of the last stock market day of theae year. we will be all over it with deadlines and they are trying to get a vote, something together. "huckabee" starts now. >> this week on the journal editorial report. a look back at the year that was and what is ahead for 2013. 2012 was a tough year for conservatives on the national level, but in the states, some hopeful signs of reform, and...
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Dec 24, 2012
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at half past the hour we'll check out the view of the fiscal cliff from hawaii. brianna keilar is traveling with the president. she's going to join us live. that's 25 minutes from now. >>> u.s. senator michael crapo s says he's deeply sorry for driving under the influence of alcohol. the republican who is also a mormon was pulled over, tested and arrested after running a red light early yesterday morning in virginia. he says he made a mistake and deal with whatever penalty he is given. >>> the u.s. navy seals are again mourning the loss of one of their own. a military official tells cnn that commander job price died of a self-inflicted gunshot wound. price was a commander officer of seal team 4, that's the unit with more than two dozen members that operates in central afghanistan. the official says there's no indication at this point that price was under any investigation or involved in any controversies. >>> former republican senator chuck hagel has not been nominated as defense secretary, but members of his own party already signaling an uphill confirmation bat
at half past the hour we'll check out the view of the fiscal cliff from hawaii. brianna keilar is traveling with the president. she's going to join us live. that's 25 minutes from now. >>> u.s. senator michael crapo s says he's deeply sorry for driving under the influence of alcohol. the republican who is also a mormon was pulled over, tested and arrested after running a red light early yesterday morning in virginia. he says he made a mistake and deal with whatever penalty he is given....
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and eleventh hour deal looks set to pull america from the edge of the fiscal cliff the tax hikes for millions of americans the time being at least. focusing live from moscow this is very happy new year. well twenty thirteen has made it around the globe we're going to re have fireworks performances and cheering crowds let's take a look at how the world has been parting new zealand was among the first to usher in twenty thirty rounds the harbor in oakland joy the fireworks exploding over the city's sky tower australia joined the festivities shortly after with almost two million people gathering to see the standard jaw dropping fireworks from harbor bridge as the clock struck midnight on new year continued its triumphant march through asia with one of the most spectacular shows unveiling in hong kong where count down to twenty thirteen common eight light extravaganza on the land and in the sky europe then picked up the holiday torch. hosting one of the world's largest open air parties at the brandenburg gate where the u.k. pulled out all the stops for the mesmerizing fireworks display i
and eleventh hour deal looks set to pull america from the edge of the fiscal cliff the tax hikes for millions of americans the time being at least. focusing live from moscow this is very happy new year. well twenty thirteen has made it around the globe we're going to re have fireworks performances and cheering crowds let's take a look at how the world has been parting new zealand was among the first to usher in twenty thirty rounds the harbor in oakland joy the fireworks exploding over the...
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Jan 1, 2013
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fiscal cliff deal is on the table. but the hours vote on it. how could this proposal affect the economy? what happens if the house injects it? >> steve: talk to that guy now, "fox business" network's charles payne. charles, it is past the senate. chances are it's probably going to pass the house. what's it mean for everybody watching? >> i got to tell you, i guess we always kind of knew there would be some sort of ultimate compromise, at least everyone sort of felt that way. it's not good news for the economy. it's certainly not good news for small businesses who still are being really going to be hammered. you have been talking about obamacare taxes, they'll be hammered by that. they'll be hammered by this dramatically. let's just say, for instance, you're a chiropractor and off gross margin of 15%. all of a sudden your taxes go up, your business taxes go up. are you going to cut your salary or hesitate on hiring someone? i mean, this is where all the -- a lot of jobs have been created by small businesses. you'd be shocked how many businesses
fiscal cliff deal is on the table. but the hours vote on it. how could this proposal affect the economy? what happens if the house injects it? >> steve: talk to that guy now, "fox business" network's charles payne. charles, it is past the senate. chances are it's probably going to pass the house. what's it mean for everybody watching? >> i got to tell you, i guess we always kind of knew there would be some sort of ultimate compromise, at least everyone sort of felt that...
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and an eleventh hour deal looks set to pull america from the edge of the fiscal cliff from the tax hikes for millions of americans for the time being at least. hello very good evening to you delighted to have you company this new year's day evening it's now ten pm here in moscow my name is kevin now and our top story it out the small office evening twenty thirteen has made it around the globe with an array of fireworks performances and cheering crowds as they look at the world's big party showing new zealand first of all was among the first washer in twenty thirty crowd packed the harbor don't live with joy the fireworks exploding over the city's sky was a beautiful scene that then was over to a straight. shortly afterwards with almost two million people gathering to see the now standard jaw dropping fireworks from the harbor bridge as the clock struck midnight new year continued its triumphant march through asia with one of the most spectacular shows on bailing in hong kong its biggest ever in fact. leading to twenty thirteen huge like sixty. on land and sky then europe picking up the h
and an eleventh hour deal looks set to pull america from the edge of the fiscal cliff from the tax hikes for millions of americans for the time being at least. hello very good evening to you delighted to have you company this new year's day evening it's now ten pm here in moscow my name is kevin now and our top story it out the small office evening twenty thirteen has made it around the globe with an array of fireworks performances and cheering crowds as they look at the world's big party...
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and an eleventh hour deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. if you just joined us for good morning to you from moscow just a tad after midnight here now my name is kevin when i first twenty thirteen has made around the globe the last twenty four hours with an array of fireworks performances and cheering crowds as take a look at how the world celebrates and should we use a lead was among the first to usher in twenty thirty proud. to introduce one of the fireworks exploding of the city's right. then straight here join the festivities very shortly afterwards with almost two million people gathered to see that now stand your dropping fireworks display from the harbor bridge as the clock struck it. do you continue to trump the march through asia with one more spectacular shows and hong kong when the biggest ever in fact work out that twenty thirty culminated in a light extravaganza on the land in the sky. and europe picked up the torch then here is burlington hosting one of the world's largest
and an eleventh hour deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. if you just joined us for good morning to you from moscow just a tad after midnight here now my name is kevin when i first twenty thirteen has made around the globe the last twenty four hours with an array of fireworks performances and cheering crowds as take a look at how the world celebrates and should we use a lead was among the first...
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united states moves closer to the fiscal cliff congress and the president still struggling to find common ground. syria dives deeper into conflict we take a look at the key developments in the civil war over the last year that. recalled later this hour. a growing number of wealthy britons plan to wave goodbye to the u.k. over the next two years and move their lives and money elsewhere more than a fifth of the country's millionaires are considering emigrating that's according to lloyd's international bank artie's borger explains what exactly is making the rich luxury like. blame the dismal weather that's reportedly the overwhelming reason for why one in five british million as a considering upping sticks and leaving the country now those reasons are followed closely by the high rate of crime in the u.k. and anti social behavior and then another reason why they might want to leave is the high cost of living here in the u.k. and only in fourth place to my why they might might want to leave is the high rate of personal taxation now where are they going well top of the list of destinations is
united states moves closer to the fiscal cliff congress and the president still struggling to find common ground. syria dives deeper into conflict we take a look at the key developments in the civil war over the last year that. recalled later this hour. a growing number of wealthy britons plan to wave goodbye to the u.k. over the next two years and move their lives and money elsewhere more than a fifth of the country's millionaires are considering emigrating that's according to lloyd's...
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will congress pass something in the next 48 hours, something? to avoid the fiscal cliff? >> i don't know. but, i guess, probably. and it will be a bad deal but i suppose better than doing nothing. and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress thinks is a good deal. >> chris: i'm not sure it is a good deal but avoids the worst of the fiscal cliff. senator bayh -- obviously, we don't know, what is your sense, no filibuster in the senate? you heard lindsay graham and do republicans pass whatever the senate agrees to? >> the odds are somewhat better than 50/50 we get a minimal deal in the senate. not one that solves our debt problem, as you pointed out earlier and this is a prequel to going through it again around the first of march over the debt ceiling and getting us through this crisis, slightly better than 50-50 and the real que
will congress pass something in the next 48 hours, something? to avoid the fiscal cliff? >> i don't know. but, i guess, probably. and it will be a bad deal but i suppose better than doing nothing. and, every working american's taxes will go up january 1st if they do nothing about the payroll tax, a pretty big increase, and, defense cuts and everyone agrees, with that policy to have middle class americans' taxes go up, and, it totally irresponsible defense cuts and this is what congress...
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and of the eleventh hour deal looks set to pull america from the edge of the fiscal cliff from the tax hikes for millions of americans for the time being at least. they're very good to have your company this new year's day evening it's nine pm here in moscow when i was kevin know in this is r.t. international law top story that twenty thirteen has made it in and around the globe with an array of fireworks performances and cheering crowds take a look at the world party to a new zealand was among the first to usher in twenty thirteen crowds packed the harbor and all clint to enjoy the fireworks exploding across the city's sky tower it was a great sight that ben than to a stray joining the festivities shortly afterwards with almost two million people gathering to see the now standard jaw dropping fireworks from the harbor bridge as the clock struck midnight he continued his triumphant march through asia with the most spectacular shows indeed in hong kong where a countdown to twenty thirteen culminated in light extravaganza on the land and in the sky one of the biggest shows ever europe pi
and of the eleventh hour deal looks set to pull america from the edge of the fiscal cliff from the tax hikes for millions of americans for the time being at least. they're very good to have your company this new year's day evening it's nine pm here in moscow when i was kevin know in this is r.t. international law top story that twenty thirteen has made it in and around the globe with an array of fireworks performances and cheering crowds take a look at the world party to a new zealand was among...
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trying to pull us back from the brink of the fiscal cliff couldn't get much closer to the wire in a few hours time americans will be hit hard by billions of dollars of tax hikes and spending cuts. come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you monger's debt and what they did was what they usually do they put off those important decisions until a certain deadline that deadline is now so they came up with this scary word cliff to create lots of drama around which would be the ordinary maybe somewhat boring working process of any congress or parliament that is to agree on a budget the need to deadlines so the cliff which actually describes the mode in which the congress is working their inability to make decisions until the very very last minute the cliff that u.s. lawmakers have artificially created could become very real for the american peopl
trying to pull us back from the brink of the fiscal cliff couldn't get much closer to the wire in a few hours time americans will be hit hard by billions of dollars of tax hikes and spending cuts. come into effect on tuesday but republicans and democrats just can't agree on how to avert it and time is rapidly running out washington correspondent. the u.s. congress created this cliff situation when they failed to agree on a budget that would help the country reduce its deficit and its you...
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also eleventh hour deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. allowed kevin i would hear this new year's day thanks for joining us our top story than twenty thirteen has made it in or around the globe with the array of fireworks performances and cheering crowds we've come to expect let's take a look at where the world's been partying should we use eland was among the first to assure in twenty thirty crowds packed the harbor in oakland to enjoy the fireworks exploding over the city sky. then a stray joy the festivities shortly afterwards with almost two million people gathered to see the now standard jaw dropping fireworks in harbor bridge as the clock struck midnight. continue to triumph and march through asia with one of the most spectacular shows on value in hong kong in fact were a countdown to twenty thirteen culminated in a like to extravaganza on the land and in the sky one of the biggest displays they were ever put on in fact your of then picked up the holiday toss this berlin hosting
also eleventh hour deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. allowed kevin i would hear this new year's day thanks for joining us our top story than twenty thirteen has made it in or around the globe with the array of fireworks performances and cheering crowds we've come to expect let's take a look at where the world's been partying should we use eland was among the first to assure in twenty thirty...
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cliff so basically they're continuing friday's sell off plus activities very low due to christmas and volumes are there for seventy five percent lower than usual the markets have been closed for several hours already now when it comes to the currencies the russian ruble continued to strengthen on many reasons like companies for example needing rubles for tax payments and the central bank trying to put a leash on inflation so we have seen strengthening of around more than half a percent against the dollar. and a short christmas eve session also in london and the markets were actually shut in frankfurt the footsie is up as you can see the one quarter of a percent is driven by minor stocks but down to resources the top again almost two percent higher and in moscow there was also very little activity on the markets which are preparing for hibernation or partying during the long journey or holidays whichever way you want to call it a flat and mixed end of the day's work banking lukoil being some of the biggest losers on the my six losing around one percent. pilots it was from the a busines
cliff so basically they're continuing friday's sell off plus activities very low due to christmas and volumes are there for seventy five percent lower than usual the markets have been closed for several hours already now when it comes to the currencies the russian ruble continued to strengthen on many reasons like companies for example needing rubles for tax payments and the central bank trying to put a leash on inflation so we have seen strengthening of around more than half a percent against...
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cliff in the next few hours. stand by. we're watching. also ahead, a dangerous blood clot between her brain and her skull. what will it mean for hillary clinton's future politically and personally? we're taking a closer look. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean.
cliff in the next few hours. stand by. we're watching. also ahead, a dangerous blood clot between her brain and her skull. what will it mean for hillary clinton's future politically and personally? we're taking a closer look. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us....
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with the hours ticking down towards the fiscal cliff deadline, china's manufacturing activity hits its fastest pay in a year and a half. and as we head towards the end of the year, global markets hook up some decent returns. outperformers this year include german, japanese and hong kong shares. >>> if you're just tuning in, thanks for joining us this morning. we'll give you a look at how mblths are faring ahead of the open. the do i jouns is poised to shed about 70 points for the open, 10 for the s&p 500 and 13 for the nasdaq. these figures are off the lows that we saw friday evening and even over the weekend as the first sense of fiscal cliff failure negotiations are becoming a reality. germany is closed today. the cac 40 outperforming in paris. the ftse and ibex are outperforming. the manufacturing figures from china helped to turn things around. indeed, the shanghai composite up 1.6%. hang seng in hong kong a little lower on the morning. shanghai composite in the positive by 1.6%. new evidence has emerged that chinese companies are actively helping iran evade trade sanctions. accord
with the hours ticking down towards the fiscal cliff deadline, china's manufacturing activity hits its fastest pay in a year and a half. and as we head towards the end of the year, global markets hook up some decent returns. outperformers this year include german, japanese and hong kong shares. >>> if you're just tuning in, thanks for joining us this morning. we'll give you a look at how mblths are faring ahead of the open. the do i jouns is poised to shed about 70 points for the open,...
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rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached its $16.4 trillion borrowing limit. he says the government is now employing, quote, extraordinary measures in order to avoid default, no word how lawmakers will resolve huge differences raising debt limit, the debt ceiling but it could be just a matter of weeks before the government defaults. heather: the supreme court's chief justice weighing in on the country's physical problems. saying the judicial branch gets a minuscule fraction of the nation's trillion dollar budget. it has already done its part when it comes to cost cutting. he is calling on the white house and congress to give enough funding to insure the federal judiciary can do its job. saying this. a significant and prolonged short fall in judicial funding would inevitably result in the delay or denial of justice for the people the courts serve. i therefore encourage the president and congress to be especially attentive to the needs of the judicial
rick: just hours before the deal to avote the fiscal cliff, another financial crisis emerged right? treasury secretary tim geithner telling congress that the u.s. just reached its $16.4 trillion borrowing limit. he says the government is now employing, quote, extraordinary measures in order to avoid default, no word how lawmakers will resolve huge differences raising debt limit, the debt ceiling but it could be just a matter of weeks before the government defaults. heather: the supreme court's...
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states moves closer to the fiscal cliff but congress and the president still struggling to find common ground. and see where it dive deep into conflict with take a look at the key developments in the civil war a little lost in our series that we call a sad face our. growing number well see britain plan to wave goodbye to the u.k. over the next two years and move their lives and money elsewhere well the next phase for the country's millionaires are considering whether grazing according to a recent survey by lloyds t.s.b. international bank or his point was are explaining now what exactly is making the rich part of the luxury market. blame the dismal weather that's reportedly the overwhelming reason for why one in five british million as a considering upping sticks and leaving the country now those reasons a followed closely by the high rate of crime in the u.k. and anti social behavior and then another reason why they might want to leave is the high cost of living here in the u.k. and only in fourth place from my why they might might want to leave is the high rate of personal taxation n
states moves closer to the fiscal cliff but congress and the president still struggling to find common ground. and see where it dive deep into conflict with take a look at the key developments in the civil war a little lost in our series that we call a sad face our. growing number well see britain plan to wave goodbye to the u.k. over the next two years and move their lives and money elsewhere well the next phase for the country's millionaires are considering whether grazing according to a...
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strike a crucial deal to avert the so-called fiscal cliff the senate eventually agreed all the proposed tax hike which would have affected virtually every american worker the deal still has to go before the house of representatives later tuesday at his economic expert mercs kaiser told us that it's still too early to pop the champagne . some people call him the crazy kaiser mr max joining us good to see you max. two thousand and two thousand and thirteen a happy new year to you there it's a rule we kept on a nice a here you know you never know what made you always go for the juggler with all the guests you have on the cars report is there anyone at this point you already are going off with two thousand and thirteen and he picked him in the future absolutely we're going after jamie diamond. ready for. we're going to find him we're going to a lot of the ranks. this is the year we see pranksters in jail i sort of doherty putting pranksters in jail now the rest of the world's going to bring pranksters in jail the fiscal cliff is just more theater bankers and politicians trying to distract p
strike a crucial deal to avert the so-called fiscal cliff the senate eventually agreed all the proposed tax hike which would have affected virtually every american worker the deal still has to go before the house of representatives later tuesday at his economic expert mercs kaiser told us that it's still too early to pop the champagne . some people call him the crazy kaiser mr max joining us good to see you max. two thousand and two thousand and thirteen a happy new year to you there it's a...
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cliff we've been talking about it obama is going to address it in some hours but for now though make a lot of how well i will get to pepe escobar now you know if she still do that newscast we can go to pepe escobar one of our favor of correspondents and we've been. always a lovely smart happy new year everyone here would have been anywhere you always seem to see where it is peppy always joins us from a different thing and we're united when i'm to that it looks very new where are you belong i. think there is something about it somewhere there he is you know what i ask if it's cards is not but it isn't kofi and i couldn't solve it the olds are stacked against his replacement with like me were of course talking about all the terrible problems in syria where is it going to go twenty thirty now. look it's so sad because it's very sad to see to everybody all over the world that the top geopolitical tragedy of two thousand and thirteen is going to be the top geopolitical tragedy of two thousand and eleven the rape of syria i'm going to tell you something it's very graphic in fact a few mont
cliff we've been talking about it obama is going to address it in some hours but for now though make a lot of how well i will get to pepe escobar now you know if she still do that newscast we can go to pepe escobar one of our favor of correspondents and we've been. always a lovely smart happy new year everyone here would have been anywhere you always seem to see where it is peppy always joins us from a different thing and we're united when i'm to that it looks very new where are you belong i....
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edges closer to the fiscal cliff the deadline for the deal was barely a day away now with democrats and republicans haggle over tax hikes and spending cuts to come later this hour. also paul ryan gives some ground to the opposition slashing the sentences for some jailed activists of the complainers called for the total release later this could trace the roots of the rest of. the sun rises over what seems like and most forest but here in town your reactions cry for hundred kilometers north of light of all stalk as in much of the world it's disappearing at a catastrophic rate. mortgages both illegal and those finding ways to outsmart the system filing down the forests of the region for them profit goes well beyond the future of our planet and the result could be an ecological crisis we are on the hunt for illegal loggers and it's not going to be easy the forest is enormous and our chances are slim now for now we can stay in our jeep but it's serious.
edges closer to the fiscal cliff the deadline for the deal was barely a day away now with democrats and republicans haggle over tax hikes and spending cuts to come later this hour. also paul ryan gives some ground to the opposition slashing the sentences for some jailed activists of the complainers called for the total release later this could trace the roots of the rest of. the sun rises over what seems like and most forest but here in town your reactions cry for hundred kilometers north of...
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the edge that's the united states moves closer to the fiscal cliff congress and the president still struggling to find common ground. plus russia pushes damascus to intensify talks with the opposition to stop the ongoing violence amid reports of fresh bloodshed and other news after the short break. if you're from my generation or younger and you were born into the one percent that i have a lot of college debt i sure do you know the deal used to be that you paid a significant amount for education but in turn that gave you a much higher salary later but now the system works in reverse many young americans study very hard to not make any money at all around nine percent of americans with student loans have defaulted and at least nine but maybe up to eighteen percent are ninety days late with their payments given the situation the people at u.c. berkeley were nice enough to give away a million dollars in scholarships for everyone everyone that's an illegal immigrant yeah that's right if you're born in america then pay to jump the border and enjoy the red carpet education treatment the p
the edge that's the united states moves closer to the fiscal cliff congress and the president still struggling to find common ground. plus russia pushes damascus to intensify talks with the opposition to stop the ongoing violence amid reports of fresh bloodshed and other news after the short break. if you're from my generation or younger and you were born into the one percent that i have a lot of college debt i sure do you know the deal used to be that you paid a significant amount for...
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where negotiations on avoiding the so-called fiscal cliff again produced no results if the republicans and democrats fail to reach a deal on how to reduce the national deficit tax hikes and spending cuts worth billions of dollars in mass we take effect on journey the first another round of talks is saturday barack obama is already considering an emergency bill for the workers and the army if agreement is not reached before the deadline. the six men involved in the gang rape of a student in india i mean charged with murder just hours after a victim died in a hospital if convicted all could face the death penalty in the case sparked protest in new delhi if you're for it is resorting to banning mass gatherings in parts of the city people still joining to express their anger and sorrow and demanding extreme measures to keep the streets safe. the newly elected prime minister has taken a tour of the fukushima nuclear plant which was devastated by a massive tsunami last year wearing a protective suit to be inspected the complex and admitted that dealing with a fall that is an unprecedented ch
where negotiations on avoiding the so-called fiscal cliff again produced no results if the republicans and democrats fail to reach a deal on how to reduce the national deficit tax hikes and spending cuts worth billions of dollars in mass we take effect on journey the first another round of talks is saturday barack obama is already considering an emergency bill for the workers and the army if agreement is not reached before the deadline. the six men involved in the gang rape of a student in...
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host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the
host: can you take us through the next 48 hours on this debate on the fiscal cliff? what needs to happen? caller: ok. i say, the president should be willing to come up to $300,000, as far as tax increases. we need revenue. $400,000, some people make that. we need revenue. the only way to get it is to get it from people who actually have the money. there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen,...
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we are 10 hours before we reached the so-called fiscal cliff. that government-imposed deadline for tax cuts, also sequestration. they will go into effect for 2013 unless a compromise is reached. the president says we are close, but there is no final deal. some of our twitter comments -- richard is joining us from ohio. republican line. caller: thank you. i do not understand what is going on with the unemployment rate and everything else. i have been looking for work for nine months now. the only thing around here is dishwasher, stuff like that. my wife is disabled. there is no money in the household. and yet, they keep wanting to go up and up and up. i have no idea what to do to support my family. i know there are millions of americans out there, people in worse shape than i am. i have no idea where to go next. host: richard, have you talk to your members of congress? caller: >> no, i have not. host: do you think any agreement lawmakers make today will make a difference? caller: honestly, i do not think it will make much of the difference. i tho
we are 10 hours before we reached the so-called fiscal cliff. that government-imposed deadline for tax cuts, also sequestration. they will go into effect for 2013 unless a compromise is reached. the president says we are close, but there is no final deal. some of our twitter comments -- richard is joining us from ohio. republican line. caller: thank you. i do not understand what is going on with the unemployment rate and everything else. i have been looking for work for nine months now. the...
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wall street is less optimistic about the leaders avoiding going over the fiscal cliff before the end of the year. at this hour, major averages the dow is down about 67 points. the nasdaq down 9. president obama has called top congressional leaders to a 3:00 p.m. meeting at the white house but lile indication of even a short term plan to avoid major tax hikes and spending cuts from automatically kicking in on january 1st. markets are worried about what happens to the economy early next year. business leaders also want president obama to keep the nation's sports operating if doc workers walk off the jobs on sunday. a strike by 14,000 longshoremen could cripple the flow of goods throughout ports in newark and port elizabeth up in the new jersey area and more than a dozen other u.s. ports. right now, the federally-mediated contract talks appear at a stalemate and no comments from the white house on if the president will use his authority to impose a cooling-off period. meanwhile, we got more good news on housing. pending home sales rose last month to their highest level in 2 1/2 years. a
wall street is less optimistic about the leaders avoiding going over the fiscal cliff before the end of the year. at this hour, major averages the dow is down about 67 points. the nasdaq down 9. president obama has called top congressional leaders to a 3:00 p.m. meeting at the white house but lile indication of even a short term plan to avoid major tax hikes and spending cuts from automatically kicking in on january 1st. markets are worried about what happens to the economy early next year....
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we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet: oh, how about that car? >> that's not something you see every day. >> no. >> "fox & friends" begins right now. ♪ >> hey, everybody. >> juliet: hi, everybody. >> dave: good sunday morning, juliet huddy in for ali. how are you doing, my friend. >> clayton: dave usually gets the coffee. and no coffee around this place. >> dave: i apologize. >> clayton: dave overslept and dropped the ball. >> dave: it happened with my iphone. i woke up an hour too late to my wife shaking me. >> juliet: i don't know what it is about this morning. i'm like in lala land. >> clayton: there is no sn
we're less than 48 hours away from the fiscal cliff. will congress and the white house be able to reach a deal before americans see a 500 billion dollar tax increase? >> and george h.w. bush's health taking a turn for the better. there's good news regarding the former president's healths. >> clayton: well put. >> juliet: well said. >> clayton: a frightening moment when an airplane broke in half crashing on to a busy highway, caught on camera. watch this. >> juliet:...
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the house has already passed legislation to avoid the entire fiscal cliff. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate speaker boehner. >> the sad part is you often seen the floor opened that way. mitch mcconnell being later today. i'm sure we'll hear something later. to hear it two days after christmas and a matter of days before we go through the fiscal cliff, obviously not encouraging. harry reid says time is running hout. he doesn't know if they could go through the legislative hurdles. if they have the votes around here, they can legislate the sky is green and the grass is blue. that's not an issue. what harry reid is really saying is mitch mcconnell, get on board, don't try to filibuster. of course they're talking
the house has already passed legislation to avoid the entire fiscal cliff. >>> the president gets set to land in washington this hour. there's new word that the president has called all four congressional leaders. reid, mcconnell, boehner and pelosi. . joining me to talk more, we have peter alexander standing by at the white house as well as nbc's mike viqueira on capitol hill. some verbal smackdown, basically flipping the lights back on and harry reid taking to the floor to eviscerate...
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. >> there are lots of cuts if we go off the fiscal cliff. lack of unity and vision there --. gregg: talking about this in the last hour, mark. but i want to put it to you. the president campaigned. he said i want to raise rates on everybody who make over 250. and you do the math and it's been done by all kinds of economists and cbo. >> many people voted for that. gregg: comes to $800 billion mark. so suddenly the president's reelected and immediately doubles it, now i want 1.6 trillion. >> psych, sorry. we'll change rules because i won. crossing my fingers behind my back. changed the rules. gregg: go ahead, mark. how do you figure that the president, you know, said i want 800 billion. now all of sudden i want twice that much. >> the president said that refering to income taxes the now that we're facing sort of debt problem that we're facing, the president is getting serious about other types of revenue, including loopholes. loopholes many wealthy americans benefit from and middle class americans don't have advantage of benefiting from. a lot of the reason why americans who ar
. >> there are lots of cuts if we go off the fiscal cliff. lack of unity and vision there --. gregg: talking about this in the last hour, mark. but i want to put it to you. the president campaigned. he said i want to raise rates on everybody who make over 250. and you do the math and it's been done by all kinds of economists and cbo. >> many people voted for that. gregg: comes to $800 billion mark. so suddenly the president's reelected and immediately doubles it, now i want 1.6...
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they are waiting to reconvene to take up the fiscal cliff deal. after the gop meeting, we may learn when the house might vote on the deal and when republicans might amend it. house democrats are meeting on capitol hill with vice president joe biden. he is there to explain the deal he and senate minority leader mitch mcconnell brokered and that the senate approved. >>> the white house is keeping a close eye on today's developments in the house. stay with msnbc for more updates. and now back to hardball. >>> two steps forward, one step backward. let's play "hard ball." >> let me start this last night of the year with this, two steps forward, one step forward, that's the year if you look at it. so many good decisions as a society. we saw the angry faces of reaction to demographic change in the beginning. the people bringing guns to political events. the faces of hatred in the birther mularkey. the dog whistling whether it was about the president or his surrogate, susan rice. guess what? none of it worked. it just didn't. who would have known how powe
they are waiting to reconvene to take up the fiscal cliff deal. after the gop meeting, we may learn when the house might vote on the deal and when republicans might amend it. house democrats are meeting on capitol hill with vice president joe biden. he is there to explain the deal he and senate minority leader mitch mcconnell brokered and that the senate approved. >>> the white house is keeping a close eye on today's developments in the house. stay with msnbc for more updates. and now...
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to have deal supposedly with the fiscal cliff. the dow jones industrials down by 150 points at one point recovered to lose just 18. the s&p 500 finished just two points lower. nasdaq down 4.25. congress department says sales of new homes went up almost 4.5% last month. that's the highest rate of growth in total sales in more than 2 1/2 years. that's it from cnbc, now back to "hardball." ♪ >>> if their competitor in '16 is going to be hillary clinton supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl, and the republican party as it is today is incapable of competing at that level. >> welcome back to "hardball." newt gingrich's reverence for hillary clinton is certainly a long way from the near contempt republicans held for her back in the '90s. even as a senator hillary clinton was close with some high-profeel republicans. she had friends up there. this archival l.a. times story's headline the secret friendship of hillary clinton and john mcc
to have deal supposedly with the fiscal cliff. the dow jones industrials down by 150 points at one point recovered to lose just 18. the s&p 500 finished just two points lower. nasdaq down 4.25. congress department says sales of new homes went up almost 4.5% last month. that's the highest rate of growth in total sales in more than 2 1/2 years. that's it from cnbc, now back to "hardball." ♪ >>> if their competitor in '16 is going to be hillary clinton supported by bill...
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the impending fiscal cliff that stands to affect the first pay check you get next month unless, of course, lawmakers can find a solution. today the senate majority leader mitch mcconnell said there is still time to work out a deal. however, there is no firm evidence of any real plan. here is what we do know tonight. president obama cutting his vacation short arriving back in washington today. house lawmakers announcing late today they are now planning to return on sunday. but listen to the rhetoric. and you have to question whether that will do any good because near early everything that is coming out of d.c. is about blame. not answers. >> speaker boehner should call members of the house back to washington today. he shouldn't have let them go in fact. they are not here. they are not here. john boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing. >> harris: a spokesman for john boehner fired back "senator reid should talk less and legislate more." and senate minority leader mcconnell saying we should have worked all this out mon
the impending fiscal cliff that stands to affect the first pay check you get next month unless, of course, lawmakers can find a solution. today the senate majority leader mitch mcconnell said there is still time to work out a deal. however, there is no firm evidence of any real plan. here is what we do know tonight. president obama cutting his vacation short arriving back in washington today. house lawmakers announcing late today they are now planning to return on sunday. but listen to the...
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cliff. lawmakers are heading back to washington including the president with this year-end deadline that's been on the horizon. welcome, everybody, great to have you here. brand new hour of "happening now." kelly: i'm kelly wright in for jon scott -- jamie: and i'm jamie colby in for jenna today. kelly: talks hitting a dead end last week, now most americans are facing big tax hikes unless the two sides can work out a last minute deal. chief white house correspondent ed henry with more. >> reporter: you're right, really all eyes turning to plan c. plan a was that $4 trillion debt deal, plan b was speaker boehner's idea about tax increases only for million dollar incomes and more, now turning to plan c which is president obama's idea which is to move it back to $250,000 or more, that would be the threshold for tax cuts or tax increases in the other direction, also dealing with two million people who are losing their unemployment benefits, president wants to the take care of that by the end of
cliff. lawmakers are heading back to washington including the president with this year-end deadline that's been on the horizon. welcome, everybody, great to have you here. brand new hour of "happening now." kelly: i'm kelly wright in for jon scott -- jamie: and i'm jamie colby in for jenna today. kelly: talks hitting a dead end last week, now most americans are facing big tax hikes unless the two sides can work out a last minute deal. chief white house correspondent ed henry with...
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even at the last hour at the last afternoon at the last weekend before this fiscal cliff it is not 100% clear to me whether house companies will choose to take up and pass a plan which i expect we will consider later today in the senate. there are enough republicans and democrats in the senate willing to vote to give comfort to give some relief to the coming tax increase to 98% of americans that i suspect we could get that deal done in the senate. my core question is whether republicans are willing to join us in doing that and reduce the potentially negative impact on our economy and on the overwhelming majority of americans. >> shannon: how do you respond to house republicans who will say we have sent you a couple of bills and voted on something that would stop tax increases and deal with sequester and sent them to the senate where they languish and never get a vote. even if the leadership there doesn't approve of the up, voteng content of the bill on them, amend them, why hasn't that happened? >> great question. what we saw last week is that speaker boehner attempted to pass and faile
even at the last hour at the last afternoon at the last weekend before this fiscal cliff it is not 100% clear to me whether house companies will choose to take up and pass a plan which i expect we will consider later today in the senate. there are enough republicans and democrats in the senate willing to vote to give comfort to give some relief to the coming tax increase to 98% of americans that i suspect we could get that deal done in the senate. my core question is whether republicans are...